Share-Based Compensation (Tables)

12 Months Ended

Aug. 01, 2014

Share-Based Compensation [Abstract]

Schedule of Outstanding Awards Under Each Plan

2010 Omnibus Plan	254,188
Amended and Restated Stock Option Plan	41,184
2002 Omnibus Incentive Compensation Plan	49,948
Total	345,320

LTPP Performance and Vesting Period

The following table summarizes the performance periods and vesting periods for the Company's nonvested stock awards under its long-term performance plans at August 1, 2014:

Long-Term Performance Plan ("LTPP")	Performance Period		Vesting Period (in Years)
2013 LTPP		2013 – 2014	2 or 3
2014 LTPP		2014 – 2015	2 or 3

Schedule of Outstanding Awards Under LTPP

The following table summarizes the shares that have been accrued under the 2013 LTPP and 2014 LTPP at August 1, 2014:

2013 LTPP	62,426
2014 LTPP	17,441

Schedule of nonvested stock activity

A summary of the Company's nonvested stock activity as of August 1, 2014, and changes during 2014 are presented in the following table:

Nonvested Stock	Shares			Weighted-Average Grant Date Fair Value
Unvested at August 2, 2013		82,854		$	59.83
Granted		165,921			101.45
Vested		(184,710	)		94.29
Forfeited		--			--
Unvested at August 1, 2014		64,065		$	68.25

Aggregate Fair Value of Non Vested Stock

The following table summarizes the total fair value of nonvested stock that vested for each of the three years:

	2014		2013		2012
Total fair value of nonvested stock	$	17,417	$	7,445	$	12,981

Assumptions used in determining the fair value of MSU Grants

The following assumptions were used in determining the fair value for the Company's MSU Grants:

				Year Ended
	August 1, 2014			August 2, 2013			August 3, 2012
Dividend yield***		--			3.0	%		2.2	%
Expected volatility		25	%		27	%		45	%
Risk-free interest rate range		0.7% - 0.8	%		0.3	%		0.3	%

***Dividends accrue on the 2014 MSU Grants. Dividends will be forfeited for any 2014 MSU Grants that do not vest.

Schedule of Shares Accrued Under the MSU Grants

The following table summarizes the shares that have been accrued under the 2012 MSU Grants, the 2013 MSU Grants and 2014 MSU Grants at August 1, 2014:

	Shares
2012 MSU Grants		69,438
2013 MSU Grants		35,921
2014 MSU Grants		8,897

Schedule of stock option activity

A summary of the Company's stock option activity as of August 1, 2014, and changes during 2014 are presented in the following table:

Fixed Options	Shares			Weighted- Average Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding at August 2, 2013		101,138		$	37.12
Granted		--			--
Exercised		(2,423	)		36.70
Forfeited		--			--
Canceled		(11,583	)		40.01
Outstanding at August 1, 2014		87,132		$	36.75		1.95	$	5,220
Exercisable		87,132		$	36.75		1.95	$	5,220

Summary of total intrinsic values of options exercised

The following table summarizes the total intrinsic values of options exercised during each of the three years:

	2014		2013		2012
Total intrinsic values of options exercised*	$	169	$	10,526	$	14,859

*The intrinsic value for stock options is defined as the difference between the current market value and the grant price.

Components of share-based compensation expense

The following table highlights the components of share-based compensation expense for each of the three years:

	2014		2013		2012
Nonvested stock awards	$	5,762	$	15,416	$	11,440
MSU Grants		2,162		2,335		1,690
Stock options		--		88		1,290
Total compensation expense	$	7,924	$	17,839	$	14,420

Schedule of Unrecognized Compensation Cost, Nonvested Awards

The following table highlights the total unrecognized compensation expense related to nonvested stock and MSU Grants and the weighted-average periods over which the expense is expected to be recognized as of August 1, 2014:

	Nonvested Stock		MSU Grants
Total unrecognized compensation	$	1,959	$	2,745
Weighted-average period in years		1.69		1.71

Total Share-based Compensation Income Tax Benefit

The following table highlights the total income tax benefit recognized in the Consolidated Statements of Income for each of the three years:

	2014		2013		2012
Total income tax benefit	$	2,438	$	5,221	$	4,254